Announced
Financials
Tags
Pending
Private Equity
Maintenance Repair and Overhaul (MRO)
Private
Majority
Single Bidder
renovation services
Friendly
United States
Domestic
Acquisition
restoration services
Synopsis
Highview Capital-backed Watterson, a national facility services company, agreed to acquire Bassett Creek Services, a provider of restoration and renovation services, from Gladstone, a private equity firm. Financial terms were not disclosed. "Over the past four years, we’ve built Basset Creek Services into one of the nation’s leading restoration and renovation services platforms through our unwavering focus on consistently delivering excellence to our customers. This partnership between BCS and Watterson will allow us to build the national leader in restoration recovery services while providing continuity for our customers, brands, and employees," Daniel O’Brien, Bassett Creek Services CEO.
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